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Mit den folgenden Ausführungen wollen wir daher versuchen, Hinweise auf ein Verständnis von Unternehmensführung zu geben, das den oben angesprochenen Veränderungen in der Organisationspraxis gerecht wird, ja bisweilen sogar der realen Entwicklung stellenweise vorauseilen mag.(...)
We consider an economy where a finite set of agents can trade on one of two asset markets. Due to endogenous participation the markets may differ in the liquidity they provide. Moreover, traders have idiosyncratic preferences for the markets, e.g. due to differential time preferences for...
We examine the degree of trust and reciprocity in an experimental trust game with 662 participants from six different age groups, ranging from 8 year old primary school children to retired persons in their late sixties. (...)
This paper deals with the the evolution of portfolio rules in markets withstationary returns and endogenous prices. …